After a strong underperformance in 2010-2019 vs. main Western markets due to the pension fund reform of the Civic Platform government as well as several scandals e.g. Getback, the Polish capital market has experienced a huge recovery so far this year, with stock market turnover in Jan-Jun 2020 reaching a 34.7% higher level than over […]
Due to the coronavirus pandemia Health- and Biotech companies have been put into the focus of many international investors. Most market participants expect that the sector will become increasingly important in the future. Below are two companies from the Warsaw Stock Exchange, which are interesting in our view: OncoArendi Therapeutics S.A. (Market cap PLN 223m/EUR […]
Over the last 10 years, the broad Polish WIG index has only increased by 22.4% vs. 74.2% for the Hungarian BUX and 80.7% for the Romanian BET stock index. BUT: Between 1989 and 2018, the Polish GDP exhibited the fastest growth by far of all European nations (+827% vs. for example +783.8% for Slovakia and […]
Triggo (Micro Electric Vehicle): Triggo (www.triggo.pl) , whose intellectual property is secured worldwide, is an electric vehicle, which combines the advantages of a car and a two-wheeler. It is able to reduce its width from 146 cm to 88 cm during driving and is thus able to navigate easily through traffic jams and to find […]
The decline of stock indices has created many opportunities, especially in Emerging Europe, where the performance of stock markets significantly lagged the one in EU and USA in 2009-2019. Below we present some CEE-based blue chips, which could thrive in a post-coronavirus environment. PZU S.A. (PZU PW, Market cap PLN 26.6bn): PZU, whose ROE in […]
The coronavirus pandemia has shaken the financial markets worldwide, with the S&P 500 and German DAX 30 falling by c. 20% since the end of February 2020. Given significantly lower liquidity, the decline in Emerging Europe has been even steeper: Currently, Polish WIG is c. 21% lower than at the end of February, Hungarian BUX […]
